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Digital Asset Liquidity Pool WOOTRADE Announces New Investors

TAIPEI, Sept. 17, 2020 /PRNewswire/ — WOOTRADE, Inc. today announced financial backing from prestigious institutional investors, including Three Arrows Capital, IOSG Ventures, QSN, the ventures arm of QCP Capital, and Defi Capital. The investors are dominant global players with a proven track record of not only identifying solid startups but also providing unique value to their portfolio companies. Recently backed projects include 1inch, Synthetix, and Aave.

According to IOSG Ventures’ Founding Partner, Jocy Lin, liquidity fragmentation presents a fundamental barrier to faster growth in the cryptocurrency industry. Wootrade solves this by being a disruptive undertaking tackling the liquidity problem for both centralized and decentralized venues. Even the largest exchanges are not able to provide their users with sufficient liquidity to support the needs of professional …

Full story available on Benzinga.com

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